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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. A corporation implemented Oracle Fusion WorkforceCompensation. A Salary Basis has been created and attached to the workers and a Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true? (Choose the best answer.)

A) A new Grade rate can be created and the Salary basis can be modified to include it.
B) The salary of an employee is based on the grade to which the employee is assigned. Therefore, nothing has to be changed at the salary basis level once it has been created. Employee data must be modified to reflect the new grade.
C) After the salary basis is associated with any worker, you cannot delete it or modify any characteristic.
Therefore, a new Salary Basis must be created with a new Grade rate.
D) No new Grade rate can be created.

2. A worker complains to the Human Resources department that the total amount does not add up to the amount of salary received in the bank. The department informs the worker that certain items that are shown in theCompensation Statement do not comprise the actual amount paid. The department now wants to make the statement more relevant to workers to avoid such situations.
What should you do to accommodate this requirement? (Choose the best answer.)

A) For each item, specify the Estimated amount option to indicate that this compensation is not the actual amount paid.
B) For each item, specify the Unpaid amount option to indicate that tis compensation is not the actual amount paid.
C) For each item, specify the Excluded from Gross amount option to indicate that this compensation is not the actual amount paid.
D) For each item, specify the Indicative amount option to indicate that this compensation is not the actual amount paid.

3. In the workforce compensation work area, the Manager's Worksheet Status is "In Approvals". What progress has the compensation manager made through a workforce compensation cycle? (Choose the best answer.)

A) The highest-level manager or approver in the approval hierarchy approved the manager's worksheet.
B) A budgetwas published to the manager.
C) The manager saved some changes to his or her worksheet.
D) The manager submitted his or her worksheet for approval.
E) The first-level manager approved the manager's worksheet.

4. The Compensation and Benefits policy defined for your organization limits contingent workers from getting an increment as part of the Annual Salary Review. As a result, the contingent workers are excluded in the eligibility profile and ineligible workers are not tracked as part of the Annual Salary Review Compensation Plan.
A recent change to this policy enforced a minimum increment for the entire contingent worker population.
Consequently, the compensation administrator ran the Refresh Data process to update the worksheets and include the contingent workforce but none of the contingent workers are included. What should the compensation administrator do to bring the contingent workers into the manager's compensation worksheet?
(Choose the best answer.)

A) Update the eligibility profile to include the contingent workers and run the Start Workforce Compensation Cycle process.
B) Update the eligibility profile to include the contingent workers and rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.
C) Run the Start Workforce Compensation Cycle process.
D) Rerun the Refresh Workforce Compensation Data process by selecting Refresh Option - Reevaluate Eligibility.

5. What classification can you use if employees submit timecards and you want absences taken by these employees to show on the statement of earnings? (Choose the best answer.)

A) Absence Classification
B) Information Classification
C) Either Absence or Information Classification
D) Any classification will result in the absences showing
E) Standard Earnings Classification
F) Either Standard Earnings or Absence Classification

Solutions: